On a pilot basis, in about 68,000 cases, information of financial transactions pertaining to FY 2019-20 has been taken up for e-Verification. Details of the transactions have been initially shared with the individual taxpayer through e-campaign. So far, e-Verification has been completed by the designated Directorate in approximately 35,000 cases and remaining are under verification.
Learn about significant financial transactions flagged by the Income Tax Department for FY 2022-23 (AY 2023-24) and the steps to view and reconcile them in the AIS.
Hindenburg Research LLC on its website says that the Hindenburg Research specializes in forensic financial research. It says it has experience in the investment management industry spans decades, with a historical focus on equity, derivatives and credit analysis.
Appeals filed half a decade ago (and even a decade ago in some cases), are yet to decide the fate of the taxpayer who is anxiously anticipating a favourable outcome.
Section 139AA of the Income Tax Act provides that every individual who has been allotted a permanent account number (PAN) as on the 1st day of July, 2017, and who is eligible to obtain an Aadhaar number, shall intimate his Aadhaar number in the prescribed form and manner.
Learn how to file Income Tax Returns (ITR) for past years using the updated ITR-U form, eligibility criteria, late fees, and other important details.
Understand the intricacies of ITC reversal under Rule 42 of CGST Rules. Learn about the formula and practical application with examples.
Confused about filing GST annual returns? Learn how to reconcile Income Tax Returns with GST Annual Returns and understand the turnover criteria.
Basic premise of Section 105 & search proceedings is reasonable belief that some objective material exists on record to trigger searches
Stay compliant with GST regulations. Check out this comprehensive checklist for year-end GST compliances for FY 2022-23 and FY 2023-24.
